More than 800 terms commonly used in economics and business are defined in what may be looked on as the beginning of a handy dictionary of economics. While some schools of economics would doubtless quarrel with a few of the definitions, the author seems to have steered a middle way which will make his work helpful to members of all schools. The advanced student will be somewhat disappointed to note the omission of some of the newer terms about whose meaning he is most apt to be in doubt.